Entries by Donna Klingenberg

ControlBright Names Barbara Stinnett President

After raising $500,000 in capital in recent months, ControlBright is set for growth and has chosen veteran technology executive and private equity trailblazer Barbara Stinnett to lead the charge. Stinnett’s role as President began on 3/15/2022. Barbara Stinnett is a highly respected industry executive who brings a wealth of global leadership experience in high-tech organizations. […]

A Quick Recap on the 2021 Merger & Acquisition Market

By Cory Kaisersatt As many may know, the merger and acquisition market was K.O.’d in 2020 due to the COVID-19 outbreak and the economic uncertainty of the year that followed. In 2021, however, M&A made a Robert Downey Jr. circa mid 2000’s level comeback. Last year’s M&A activity hit record setting numbers in the Q4 […]

ControlBright

Traction Capital has invested $500,000 in a Duluth, MN company that is innovating within the industrial lighting and controls industry. The Minneapolis venture capital firm is excited to take the lead on ControlBright‘s first round of funding.   ControlBright is a hardware/software solution that enables remote access to a building’s lighting, HVAC, alarm, and automation […]

GoRout

Traction Capital has invested $500,000 in a Rochester, MN company that is revolutionizing the way football coaches around the country – from youth to professional – are running practices. The Minneapolis venture capital firm is excited to take the lead on GoRout’s seed round of funding geared towards growing the company. GoRout is a high-tech […]